The metaverse is shaking up the world economy. Little by little, it is gaining ground and becoming official. As a reminder, the metaverse is a digital reality that combines aspects of social media, online gaming, augmented reality (AR), virtual reality (VR), and crypto-currencies to allow users to interact virtually. Today we’ll look at how you can take advantage of this new revolution as an individual investor.
The creation of a new economy
The metaverse can be summarized as a parallel world, virtual but where people from real life, can meet, exchange, play, and even on the long term life… Real-life is often difficult for some people and when we see how much the internet takes place in the life of some people, the metaverse, which is the logical continuation of the development of the internet, a new way to interact online, will take more and more place.
We are on the verge of a revolution similar to the one that businesses and brands experienced in the mid-1990s with the World Wide Web.
If you’re a science fiction fan, you may have read the novel “Snow Crash” by Neal Stephenson or seen the movie “Ready Player One”. If not, you’ve probably heard of the “Matrix” trilogy. You may have thought that it would be scary to spend most of your time connected in a virtual universe. As reality is about to join fiction, a whole new economy, very real, is going to be born.
How the metaverse develops
The metaverse develops on several very different axes, the use cases to be imagined are infinite, both in the private sphere (for example, a movie with friends each at home) and in the professional sphere (for example, a remote work meeting as if you were there). What is certain is that the metaverse, which today is mainly used for games, will undergo a great evolution with the arrival of new technology, new positioning, new interface, which will make it more space for living than a space for playing.
How to take advantage of the metaverse
There are several points, already in terms of material, technology. Many companies are developing around the creation of tools adapted to the metaverse. In other words, many companies will develop around the creation of material for the metaverse and a good way to take advantage would be to invest in the big companies of the metaverse of tomorrow.
Another very interesting element is the development of virtual products for the metaverse. In the metaverse, you can buy virtual lands, virtual items, skins, access to games. There is a real economy that has developed around that.
The metaverse also has its real estate activity. You can buy, sell and rent parcels of virtual land.
The secret to profiting in the metaverse as a private investor will be to identify the best virtual lands and products to buy.
Top 10 Metaverse Coins
Yield Guild Games
Somnium Space CUBEs